SP Group has signed a memorandum of understanding (MoU) with Frasers Property to develop and deploy smart energy solutions at the Binh Duong Industrial Park (BDIP) in Vietnam. As per the agreement, SP Group will design, invest, install, operate and maintain green infrastructure at the site including solar cells, electric-vehicle charging stations and smart energy optimisation and management systems. Moreover, SP Group and Fraser Property will jointly develop a feasibility study for a green micro-grid.

Once the green system is implemented, it will ease access to renewable energy (RE) and improve power stability for companies located in BDIP.